$225,000
SOLD DEC 6, 2024

6404 Bimini Dr Forest Park, GA 30297

9 Beds
3 Baths
1,850 Sq Ft
0.29 Acres

Recently Sold

$122 Per Sq Ft

8% Below List Price

61 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Heating Available
  • No HOA

About This Home

As of December 2024

This rental is ideal for the savvy investor. The rental income is just bananas! it grosses $4600 per month on average. It's close to the interstates, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Note property is in unincorporated Clayton County (not in the incorporated City of Forest Park)

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty License #379772 Listed on: 08/22/2024

Keller Williams Realty

Last Buyer's Agent

Josh Stanton

Keller Williams Realty License #379772 Listed on: 08/22/2024

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Schools

  • Edmonds Elementary School
  • Babb Middle School
  • Forest Park High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 3 / K

Community Details

Overview

  • No Home Owners Association
  • Young America Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .29
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1850
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Other
  • Bedrooms: 9
  • Basement: Full
  • Below Grade Finished Sq Ft: 925
  • Total Finished Sq Ft: 925
  • Above Grade Finished Sq Ft: 925
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Flooring: Other
  • Price Per Square Foot: 121.621

Beds/Baths

  • Lower Level Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Bedroom Lower Level: 5
  • Bedroom Main Level: 4

Exterior Features

  • Construction Materials: Other
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Edmonds
  • High School: Forest Park
  • Middle School: Babb
  • Elementary School: Edmonds
  • Middle School: Babb
  • High School: Forest Park

Lot Info

  • Lot: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Dec 6, 2024
Sold by
Psatl38 6404 Bimini Dr Llc
Bought by
Ohana Property Holdings Llc
Seller's Agent
Josh Stanton
Keller Williams Realty
Buyer's Agent
Josh Stanton
Keller Williams Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
119
Current Estimated Value
$232,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,487
Avg. Annual Appreciation
4.75%
Original Mortgage
$168,750
Outstanding Balance
$168,021
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$63,869

Purchase Details

Closed on
May 20, 2021
Sold by
T Floyd Consulting Llc
Bought by
Psatl38 6404 Bimini Dr Llc

Purchase Details

Closed on
Mar 9, 2021
Sold by
Re4 Georgia Llc
Bought by
T Floyd Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2019
Sold by
Pailles Luis
Bought by
Re4 Georgia Llc

Purchase Details

Closed on
Feb 11, 2019
Sold by
New Mountain Acquisitions Llc
Bought by
Pailles Luis

Purchase Details

Closed on
Dec 23, 2013
Sold by
Vision Properties Of Georg
Bought by
Sananikone Chansay

Purchase Details

Closed on
Aug 22, 2008
Sold by
Fannie Mae
Bought by
Vision Properties Of Ga Llc

Purchase Details

Closed on
Aug 7, 2007
Sold by
Abn Ampro Mortgage Gr Inc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 --
Warranty Deed $220,000 --
Warranty Deed $107,000 --
Quit Claim Deed -- --
Limited Warranty Deed $67,500 --
Warranty Deed $51,000 --
Warranty Deed $28,600 --
Quit Claim Deed -- --
Deed -- --
Foreclosure Deed $81,986 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 New Conventional
Previous Owner $85,600 Commercial
Previous Owner $0 No Value Available
Previous Owner $0 No Value Available
Previous Owner $700,000 Stand Alone Second
Previous Owner $42,000 No Value Available
Previous Owner $14,000 Stand Alone Second
Previous Owner $81,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $37,500 Stand Alone Second
Previous Owner $50,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $225,000 0.0% $122 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $225,000 -4.3% $122 / Sq Ft
09/06/2024 09/06/24 Price Changed $235,000 -4.1% $127 / Sq Ft
08/22/2024 08/22/24 For Sale $245,000 -- $132 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,525 $116,000 $6,400 $109,600
2023 $4,188 $116,000 $6,400 $109,600
2022 $3,454 $88,000 $6,040 $81,960
2021 $1,502 $38,040 $6,400 $31,640
2020 $1,080 $27,000 $6,400 $20,600
2019 $1,119 $27,574 $3,200 $24,374
2018 $965 $23,776 $3,200 $20,576
2017 $846 $20,783 $3,200 $17,583
2016 $834 $20,485 $3,200 $17,285
2015 $831 $0 $0 $0
2014 $455 $11,440 $3,200 $8,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10363338

Georgia MLS

APN: 13-0143B-00C-004